Our market development work is important to achieving our statutory objective to promote competition in, reliable supply by and the efficient operation of the electricity industry for the long-term benefit of consumers.

If an anomalous event or outcome occurs in the market or the broader electricity sector, we investigate it to determine the causes and whether something can or should be done to prevent such an event or outcome from occurring again.

Pricing manager

The pricing manager is responsible for calculating and publishing the spot prices at which electricity market transactions are settled. Over 12,000 spot prices every day are published by the pricing manager to market participants through WITS.